The worldwide collaborative robot market is expected to be worth $95 billion by 2024, according to a new report by Transparency Market Research.
Companies in the global collaborative robot market are focused on the acquisition of smaller and local automation companies to expand their operations, says Transparency.
Leading companies such as ABB, Kuka, Kawasaki Heavy Industries, and Robert Bosch are expected to launch products in the coming years to fulfil the requirement of their clientele in the several end-user industries. [Read more…] about Global collaborative robotics market forecast to grow to $95 billion in seven years